Potential conflicts of interes

Michael Zeuner Warns Investors About Their Advisors’ Sales Agendas

Date:

Michael Zeuner Warns Investors About Their Advisors’ Sales Agendas

Author: Alicia Miguel

  1. Wall Street Journal article explains clients seeking unbiased investment advice are often unaware of advisors’ incentives to sell them products and services
  2. "Lack of transparency and conflicts of interest are widespread issues in the financial industry as a whole"
  3. Zeuner identifies three different types of advisors: manufacturers, distributors and independent, fee-only fiduciary